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150 Norwood Street #1, Newark, NJ 07106, US|Lower Vailsburg
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
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About 150 Norwood Street #1
Beautifully Renovated Apartment – Modern Living in a Prime Location Experience the perfect blend of comfort and convenience in this clean, stylish, and thoughtfully updated unit. Ideally situated near shops, parks, restaurants, and public transit, everything you need is just minutes away. Apartment Features: - Granite countertop kitchen - New appliances - Hardwood floors throughout - Abundant natural light with plenty of windows - Parking available - Private side entrance Location Highlights: - Easy access to shopping centers - Close to bus lines and NJ Transit Leasing Terms: - No broker's fee - Credit & background check required - Net monthly income required to be 2.5x the monthly rent with good credit standing This property is managed by a responsive, professional team committed to making your renting experience as seamless as possible. Don't see exactly what you're looking for? Reach out — we'd love to help you find your perfect home. Contact: rent@ rovazorealty. com | 201-733-8200
Lease Terms
1 yearAddress details
| Neighborhood | Lower Vailsburg |
|---|---|
| Zip code | 07106 |
| Type | Apartment for rent |
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Rent trends in Lower Vailsburg
4-bedroom apartments at 150 Norwood Street #1 cost about 8% less than the average rent price for 4-bedroom apartments in Newark.
Median rents as of May 9 2026.
Lower Vailsburg
Newark
| Month | Median Rent |
|---|---|
| May 2024 | $2,700 |
| June 2024 | $2,690 |
| July 2024 | $2,600 |
| August 2024 | $2,640 |
| September 2024 | $2,900 |
| October 2024 | $2,781 |
| November 2024 | $2,740 |
| December 2024 | $2,668 |
| January 2025 | $2,750 |
| February 2025 | $2,825 |
| March 2025 | $2,810 |
| April 2025 | $2,800 |
| May 2025 | $2,723 |
| June 2025 | $2,662 |
| July 2025 | $2,599 |
| August 2025 | $2,524 |
| September 2025 | $2,600 |
| October 2025 | $2,696 |
| November 2025 | $2,604 |
| December 2025 | $2,575 |
| January 2026 | $2,595 |
| February 2026 | $2,514 |
| March 2026 | $2,550 |
| April 2026 | $2,612 |
| May 2026 | $2,650 |
| Month | Median Rent |
|---|---|
| September 2024 | $3,125 |
| October 2024 | $2,875 |
| November 2024 | $2,770 |
| December 2024 | $2,825 |
| January 2025 | $3,000 |
| February 2025 | $2,793 |
| March 2025 | $2,654 |
| April 2025 | $2,649 |
| May 2025 | $2,634 |
| June 2025 | $2,573 |
| July 2025 | $2,413 |
| August 2025 | $2,392 |
| September 2025 | $2,850 |
| November 2025 | $2,850 |
| January 2026 | $2,842 |
| February 2026 | $3,034 |
| March 2026 | $2,861 |
| April 2026 | $3,075 |
| May 2026 | $2,999 |
Affordability calculator
Can I afford to live at 150 Norwood Street #1?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$110,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $110,000 annually to afford this 4-bedrooms monthly rent price of $2,750.
For more information on rent affordability, visit our rent calculator.
Schools near 150 Norwood Street #1
Lincoln Elementary School
87 richelieu ter
newark, NJ, 7106
PK, K-8Public
C-
Ivy Hill School
107 ivy st
newark, NJ, 7106
PK, K-8Public
C-
Speedway Avenue Elementary School
701 south orange ave
newark, NJ, 7106
PK, K-8Public
C-
Mt. Vernon School
142 mount vernon pl
newark, NJ, 7106
PK, K-8Public
C+
South 17th Street School
619 s seventeenth st
newark, NJ, 7103
PK, K-8Public
C-
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Internet available near 150 Norwood Street #1
Neighborhood
Lower Vailsburg | Newark, NJ
Getting around Newark near 150 Norwood Street #1
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 150 Norwood Street #1, Newark
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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